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Dairy groups criticized USDA's tariff aid, which provides about 12 cents per hundredweight on half of farms' highest 2011-13 milk production, an estimated $127.4 million total. NMPF said the payments cover less than 10 percent of dairy losses from retaliatory tariffs imposed by Mexico and China.
Milk futures have fallen sharply since late May.
Retaliatory tariffs cut export demand for dairy products and pushed down milk futures. Limited aid means producers may cut herd size or output, but the aid does not change the underlying price pressure.
agproud.comDave Natzke28 Agu 2018Setelah 49 peristiwa perdagangan bearish sebelumnya, Susu (Class III) bergerak median -0,3% selama 5 sesi (39% lebih tinggi; separuh tengah -4,7% sampai +1,5%), dan -0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
